Best online brokerage account for beginners

Best online brokerage account for beginners

Best online brokerage account for beginners  For beginners, it can be a little confusing finding the right kind of a broker. I believe the best Best online brokerage account for beginners is Etoro.  Why? ( because I know them for years now! And trade there myself ) It will offer you a soft landing if you are new to forex trading. It is custom built, offers social trading tools, has an easy to use interface, and high-quality educational resources.





Interface: Unlike other brokers, eToro has developed a custom mobile and web trading platforms which beginners find easy to use. Most other brokers rely on MetaTrader App.

Minimum Deposit:

eToro allows traders to make a minimum first deposit of $500. This is an amount that most first time traders can afford.

Demo Account:

eToro offers beginners with a practice account with $50, 000 virtual money for use during their training. Additionally, the practice account does not expire and traders can continue using it until they are confident to invest real money.

Learning Resources and Tools: eToro broker offers all its customers daily market updates thus helping them to keep up to date with the economic news happing across the globe. The broker also holds webinars with the aim of discussing various events. eToro also has a dedicated section on educational resources and materials.

Social Trading: The broker allows new traders to copy the trades of more experienced traders so that they understand how forex works and can ask anything. This ensures that traders earn as they learn. All the traders in the community are verified and the risk of an individual losing their money is minimal.

Getting started in eToro

  1. Sign Up CLICK HERE

To sign up, visit eToro.Com. The broker does not require lengthy paperwork. Opening an account with the broker is straightforward and free. You only need to enter your particulars and select your username. Moreover, you will be asked to give a phone number to protect your account.

  1. Make Deposit

You may not need to make a deposit at this moment before you get familiar with the application. However, you can deposit money by clicking on ‘Deposit Funds’ button at the bottom left. eToro allows you to make an initial deposit of $200. This is a perfect amount to begin with as the broker enables you to copy another trader if you have a minimum of $100. You can deposit money in different currencies such as USD or GBP. You can use your credit cards or electronic wallets. Paypall, skril, moneybookers, Bank 

  1. verification process

A clear copy of your valid passport or government issued ID, showing all the relevant information including:

  • Your photograph, full name and date of birth
  • Country of issue and issue/expiry date
  • Passport/ID number and MRZ number

a clear copy of a recent utility bill or bank statement (no older than 6 months) showing:

  • Your name
  • Your updated home address
  • Date of issue
  • Issuer of the document
  1. Copy Traders

After you familiarize yourself with the broker’s platform, search for other traders who you wish to follow or copy. This can be done using many useful filters to narrow down on the best traders with impressive performance and in the right markets. For traders you copy, when they execute a trade, it is also opened in your account and also closed when they close. Fully automated. You can Copy trades someone with a maximum of 50.000. You can copy me and read about me and check my trackrecord. started in 2014 

I only advice Etoro as the Best online brokerage account for beginners beacse I know them for years now! And trade there myself.

 

Tradingbots are for idiots


Tradingbots are for idiots!

Yes you read that right bots!!!!

I hate the trading bot Idea! I win from a trading bot all day long!!!

They maybe spot things in the market but they do not spot big fundamental things before the market moves!!! And that’s where big money is!!!

Also there designed to sort of day trade …. And therefore fighting other trading bots with algorithms, the fastest bot wins 🙂
There also designed to benefit from spread rebates etc.

Also you have no control over you’re money at all!!




The reason why I tell you this do not use trading bots but learn it yourself. You beat the bots all day long!!!

First step learning to trade Be Curios ask a question! https://noasnoas-socialtrading.com/how-to-learn-trading/

Trading tip Ignore Mainstream Media as much you Can!

Trading tip!

Mianstream MEDIA IGNORE IT AS MUCH YOU CAN!

SEE VIDEO:




This week was Very interesting and also lot of proof that if you want to be a good trader you need to have some skin to resist all what’s told by the mainstream media!! So yes Just ignore it as much you can~!! There predictions are wrong almost always… The where wrong with the brexit wrong now with the elections! And even worse they where wrong on how the market would react when those events would play out they did!!!

More Reason to Ignore mainstream media the Media is there to convert clicks and reads….its  not to inform you correct there there to make you read there created content wich has noting to do with correct information.

I also see maintream media as a big trap 🙂 for you as a trader it let you consume things there not important for you as a trader at all even when youre a socialtrader like me it doenst help if youre  brain is bussy with  things that happend in the past I mean its called news articels  but in fact its reporting news thats already happend and therefore its OLD.  In the fast world we live in now its even more old than 10 years ago 🙂

Did you know when you read stuff you’re brains find it harder to think independent? And that to me is the biggest trap as a trader!!

Hope you learned something!

Want to wish you all a great day!

 

SAUDI’S $500BN MEGA-CITY NEOM

SAUDI’S $500BN MEGA-CITY NEOM PLANS TO TRANSFORMS IT’S ECONOMY AND BOOST ITS FOREIGN DIRECT INVESTMENT.

The Saudi’s $500 billion mega-city NEOM is attracting ‘overwhelming’ interest from investors all over the world. With ambitious plans to transform its economy as part of the crown prince’s Vision 2030, Saudi Arabia is hoping to boost foreign direct investment (FDI).




The $500 billion industrial zone of NEOM is one of Saudi Arabia’s mega-projects that it hopes will bring in billions from foreign investors.The ambitious 26,500 square kilometer business zone will link Saudi Arabia, Egypt and Jordan and is envisaged as a futuristic hub for both industry and citizens. It aims to embrace digital technologies and services to make the city a major commercial location in the Middle East.

SAUDI'S $500BN MEGA-CITY
SAUDI’S $500BN MEGA-CITY

Ibrahim Al-Omar, governor of the Saudi Arabian General Investment Authority (SAGIA), said foreign direct investment (FDI) was growing in Saudi Arabia. “We have seen a growth for foreign investment — about 50 percent comparing the first quarter this year to the same period last year. Also, the (FDI) inflows we have seen about 40 percent,” said by Al-Omar.
He further said,”We have a target to be number 20 in the rankings of the ease of doing business by 2020. We are working with the World Bank and best practice across the world and we have identified over 400 reforms. Today, we have achieved about 40 percent of them”.

Saudi Arabia’s economic transformation strategy, the much-vaunted Vision 2030 that’s being driven by Crown Prince Mohammed bin Salman, aims to increase FDI into Saudi Arabia from 3.8 percent to the international level of 5.7 percent of gross domestic product (GDP).

Promoting the kingdom as a nation that’s “open for business,” the strategy also aims for Saudi to rise from its current position of 25 to the top 10 countries on the Global Competitiveness Index. In addition, Vision 2030 aims to increase the private sector’s contribution from 40 percent to 65 percent of GDP.
Officials hope a privatization program, including the sale of 5 percent of oil giant Saudi Aramco, will raise $300 billion to help fund the creation of NEOM, which is under construction, and that more money will be invested by the private sector.

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Warren Buffet anual meeting 8 awesome highlights:

Warren Buffet annual meeting 8 awesome highlights:

These are put as my own interpretation!




There is no formula for buying the right stock! The formulas you learn in buisnessschools don’t work… Give someone a formula that works on a certain situation the only thing you create is that that what is teaches (making the formula nothing more…. Works…on That particular situation.)

Buying back shares is a theme all over the place… Better than do accusations at the momen for most big company’s better allocation of capital.

Yes the way payment will work in the future is unknown… But still he doesn’t see crypto currency like bitcoin as a good investment simple it doens produce income!!!

An 8 year old was asking some serious questions the crownd went silent 🙂 warren said you’re killing me!! And there we have one of his greatness literal all persons who are a shareholder can ask him anything And well he mentions you could be on my accountant team… 🙂 and well That 8 year old girl mark my words will be one day in the spotlight for being an some investor!! If not one go the greatest! And I totally agree we need more woman in the industry!!! (if you like to read about one look at wikipedia Hatty Green https://en.wikipedia.org/wiki/Hetty_Green

A small problem to invest 50 billion into businesses since at this point they cannot find them so now there going for the second best with decent returns.

Depth is so cheap now… But when that changes well They have a lot of cash to do what other company’s cannot do 🙂 because the amount of cash they have hanging around.

Warren hires the one who understand natural the chapter 8 of the intelligence investor over any buisnescooll student!

Its Great  NFP day

Hi All,

Its Great  NFP day!
Wish you al la great time trading on it, if you do.




Al the soft data is also somthing to stay aware Of wich I’m…Slow month are comming in … But than sometimes yeah sometimes (most times) we got right there the biggger trends.

i’m not having a crystal bal…. but I always look for the best oppertunities in my own opinion and to do good in that way.

So all in all it also can be We will have a drawdown for some periods in time… This is fine if there not getting to big and out of control…And understand there not out of control 🙂 we have a lot of cash waiting for some real shopping Therefore at the right time we will be having fuel to do things 🙂 so yes its bin slow but thats what Im slow safe steady and always aiming for lots of profits….

Wish you all a great day on that note!!!

FED Federal Reserve

FED Federal Reserve

What is FED?

The Federal Reserve often denoted to as “the Fed” is the central bank of the United States.
Congress formed the Fed in 1913 to help support a safe and sound monetary and financial
system for the nation. The Fed contains the Board of Governors in Washington D.C. which has
seven members excluding the Chairman and Vice Chairman. All of the members of the Board are selected by the President of the United States and long-established by the United States Senate. The Fed also includes 12 local Federal Reserve Banks located in cities all over the country.

The Federal Reserve the Privately owned U.S. central band absolutely caused the Great Despair by shriveling the amount of currency in flow by one third from 1929 to 1933.

The Reserve Banks fill in as the national banks’ working arms and additionally collect monetary data from everywhere all over the nation to help the Fed both display the economy and get the wide information essential to create and realize viable U.S. money related strategy. Today, the Fed plays out various essential capacities all with a definitive objective of advancing a solid U.S. economy. One of the Fed’s more recognizable functions is conducting U.S. monetary policy.
Which contains manipulating attention rates and the accessibility of money and credit in our
economy. Congress has tasked the Fed with applying monetary policies that encourage
extreme employment and stable prices. High levels of employment offer people with more
economic chances and stable prices promote growth, by making it easier for family circle and businesses to plan for the future. Monetary policy conclusions at the Fed are made by the Federal Open Market Committee, which includes all seven members of the Board of Governors and presidents from the reserve banks. This committee meets regularly to measure the conditions and outlook for the economy.

Although leading economic approach, the Federal Reserve additionally manages and direct the country’s banks and attempts to advance a stable monetary framework for buyers, groups, and organizations. The Fed additionally works with groups, non-benefit associations, and others the country over to address lodging issues, uplift break even with access to credit, and progress monetary and group improvement.

The Fed also supports stability in the financial system because instability in the financial system can posture a severe danger to the broader economy and communities across the nation. The Fed additionally goes about as a bank to different banks by clearing checks, making electronic instalments, and giving the cash that American’s need and utilize each day. Their country’s economy and money related framework confront steady difficulties.

The Fed is working every day to report those challenges and is committed to helping short-term good economic conditions and results, employment opportunities, stable prices, and financial solidity that advantage all Americans.

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institution and to contain systematic risks in financial markets.

How do changes in national interest rates affect a currency’s value and exchange rate?

Interest rates or loans and savings account can change time to time. For instance one, you might pay on a car loan but the next time you shop for a car that might be 7 percentage a higher or lower? So, what makes the interest rate increase and decrease?

The real process is much more complex but basically interest rate change as result of things. Federal Reserved us to keep our economy established. The Federal Reserve or the FED is the central bank of United States and it has two main goals.

  • To keep prices even that is to make sure
  • Inflation does not have to control.

Encourage the work creation when business is low. At the point when many individuals have a lot out of work the FED may effort to energize the activity creation by pushing financing cost down. At the point when financing costs go down it ends up simply less expensive to obtain cash which implies individuals and organizations will probably take out credits and as result, they spend more cash that delayed spending powered the economy. It helpfully encourages the creation of more employments.

 

stocksnoasnoas Update:

stocksnoasnoas Update:

Good morning all!! planning to make some trades this week so if you want to join the account you can jump in … As Markets stabilize somehow we go on slow safe steady and aiming for lots of profits! I’m also looking for some nice trade outside the Teck sector to get some trades that do not correlate with that sector $XLK I’m also on hard mode to not give back the profits we made so far this year So like warren Buffet is teaching first rule do not loose money second rule … see rule number one!

Trade Wars

Trade wars and many  things that are capturing the market:

to sum it up Inflation, trade wars, end of cycles political risk, consumer dept, weak dollar and on an on I can go Vol is jumping around Tech sector down a lot taking big hit over the facebook $F regulation and also leaks.
So all of this is not to be taken light and economic data is still strong … But is also be strong for a long time so therefore this is a market where you should be on you’re guard and therefore where not fully invested… If we bottom I want to able to buy a lot if we are getting in a real bear market it will be time for shorting 🙂 That time is not there yet in my opinion. Interesting thing that CBO forecast the US will have a 19,5 years without recession uh really that would be a BREAKING record!!!

So all in all Im maybe not so much as on openbook but believe me Im a lot on analyzing and watching the market the whole day!! And yes a lot of alarms are there when I’m sleeping….

So for now I want to wish you all a great day please feel free to share!!

Best read and trading tip: https://noasnoas-socialtrading.com/trading-tip-ignore-mainstream-media-much-can/

Greetings Noa Strijbos

Happy Easter

Happy Easter for all of you!! Greetings Noa

Analysing Thank you for youre pataints

I know its bin some time for a proper update!
Thank you all for you’re patients!

The market needed some background analyzing and well Than I tend to be little less online and more Doing my real job as a trader. Which is analyzing…. And making (cents sense dollars) From it.

I lot is happening like that Volatility jumping around …. Facebook regulating. Trumph as always.

Also I think noansoas account will be if you look year to year in the end of this year have a great pefomrmance but where down for this year,… Stocksnoansoas is doing great even with the big teck stocks down where going strong.
noascopyfund: Is still in building stage for this year as always End of the year we will see pefomance. With a 3-6 month trading horizon.

Want to wish you all a great day!

Trade Wars

Trade Wars:

Trade wars are capturing the markets import tariffs on steel and aluminum. So I’m very much on all of this since some are really talking about end of cycles and the bull run can be stopped by big catalist and therefor I’m also on my watch and follow it all very close!

Today important things to watch is the ingrease in hour wages.  wich will be important for monetory policy and Ofcorse the payroll data.

On that note wish you all a great day!!!

 

Greetings Noa Strijbos

 

End of cycles?

Hi All so Good Morning!!!! A lot of talk in the markets of end of cycles and yes we so far have a really long run! And Well evenWarrenbuffet is not buying and than you always should ask yourself should I 🙂 I’m watching it all very closely also beacuse the volitility is higher now and does spikes and therefore I’m very becarefull and keep cash on the line for drops and heagdes On that note wish you all a great day

https://noasnoas-socialtrading.com/trading-tip-ignore-mainstream-media-much-can/